Midday update for the GBPUSD 20-01-2023

The GBPUSD pair fluctuates within tight track since morning, and as long as the price is above 1.2295, our bullish overview will remain valid for today, organized inside the bullish channel that appears on the chart, reminding you that our next main target reaches 1.2590.

The expected trading range for today is between 1.2310 support and 1.2480 resistance.

The expected trend for today: Bullish